Omaha daily bee., 1887-10-30
SATURDAY MARKET FIGURES.
Wheat Dull and Spiritlees After
the First Hour.
A QUIET SESSION IN CORN.
Little or No Fluctuations in Values
For Oats-ProvisiOns Suffer Re-
actiOn-Trading in Hogs Brisk
General Quotations.
CHICAGO PRODUCE MARKET.

CHICAGO, Oct. 2.9-tSpecial Telegram to
the Bee THE first impulse of the wheat
market this morning was slightly upward
and there was plenty Of business, but the
promise Of the first hour was not fulfilled
and the greater part Of the session saw dull
and spiritless market, with prices dropping
quite steadily, the princal cause therefor be-
ing the usual Saturday ''evening-up" pro-
cess OH the part of local traders, coupled
with dearth of business from the outside.
The opening was little below the closing
prices of yesterday afternoon, with Decem-
Der at 1890 and May at 79]1c. Early trading
was in quite large volume, with buying
largely concentrated in a few houses, among
which exporters were prominents although
the biggest blocks were taken by local specu-
lators The selling was scattered and much
Of il by smaller room traders, who were dis
posing Of long wheat in quantities that were
not large for each individual but were con-
siderable in the aggregate. From the open
ing wheat sold up to 735sc for December an5
to 7gSSa794c for May, then gradually dc
clincd to T3ls@739lc for December, which
closed at that figure, and to 79c for May,
which closed at 79@791lc.
Corn traders had a very quiet day, with
tions and but little news affecting the mar
ket. The tone was rather weak, but with
only &c decline for December A@Ac for
May and a5@jlc for November, the last
named delivery suffering the most on account
of the free selling Of Hutchinson and Baker.
Foreign news was unfavorable, but was not
much talked about and could hardly be said
to have any influence on the market. The
trading was chiefly local Shipments of corn
from Chicago were 87 600 bushels and vessel
room was taken to-day for 1S3,00 bushels.
Receipts continue rather light, 217 cars being
the arrivals to-day and 275 cars being the es-
innate for Monday. Reports received here
by commission men would indicate that this
market will not be flooded with corn from
Nebraska, at least, shippers in that state
finding it more profitable to send their corn
to Kansas Buyers from parts of Kansas
where a good crop was anticipated are said
to be buying in Nebraska and Kansas cattle
are being sent to Nebraska to feed Novem-
Der corn opened at 4l2lc, sold down to 414c,
and closed at 4ll4@4lBc. December opened
at 4111c sold down to Al &c and closed there.
May opened at 45l @45sSc sold at 45ssc, and
45tn451sc and closed at 45lsc.
In the oats mrket it was the same old
story over again of high speculation and
little or no fluctuation in prices. Trrding in
May, the leading future was at 1880 at the
opening and at 29l3 30129Sc on the split with
295sc the market ut the close. October was
quotable at 25asc early off to 25lg and De
cember was salable at 254c, which was a
shade stronger.
Provisions suffered something Of a re-
action, the shorts having been driven to
cover on yesterdays sharp and unexpected
advance. The market sadly missed sustain
ing support and with professional spectators
sellers sank under the weight of offerings
Trading opened at prices only little under
last nights closing prices, but the receding
movement set in early and continued up to
the very close when the lowest prices of the
day were established. The actual decline
suffered was l5c, on October lard, 1Oc on De
cember and January lard and October ant
January short ribs, nc on November and
May lard and 22lzc on January pork. Jan
uary, which was the leading speculative
month, sold from Sl2.62l9 early down tt
$l2.40 lard from 40 down to $500 ant
short ribs from S6.40d6421I on the split
down to $500 For this month the closngs
stood at inside prices.